The latest data shows that after US President Donald Trump delayed tariffs being implemented by 90 days, some more good news could lie ahead for motorists in South Africa next month.
As reported by The South African website, vehicle owners in Mzansi saw a sizeable decrease in the cost of both petrol and diesel earlier this month.
However, subsequent to that, Trump’s controversial trade tariffs played havoc with markets around the world.
While the rand has weakened significantly, that has been offset by a much lower brent crude oil price.
Below, the latest projections as received by The South African website from the Central Energy Fund (CEF), effective Wednesday, 9 April.
If the market conditions were to remain consistent for the remainder of the month – an unlikely scenario with the rand/dollar exchange rate fluctuating and the oil price ever changing – a decrease of six cents is expected for petrol 93 octane motorists and a decrease of 10 cents for 95 users.
Meanwhile, diesel motorists would see something between a 34 and 36 cents per litre decrease.
Finally, illuminating paraffin is expected to drop by 26 cents in price.
FUEL PRICE IN SOUTH AFRICA IMPACTED BY TWO MAIN FACTORS:
1. The international price of petroleum products, driven mainly by oil prices
2. The rand/dollar exchange rate used in the purchase of these products
Oil price
At the time of publishing the brent crude oil price is $64.56 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R19.37/$.
The final overall price changes for both petrol and diesel will be confirmed early next month with the new prices taking effect at midnight on Tuesday, 6 May 2025.
Go easy on the accelerator until then, Mzansi.
The current April 2025 petrol and diesel prices (Inland and Coastal):
Do you know of any sneaky ways to help save on fuel?
Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1
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